Hogget trade stuck at 750c/kg despite Ramadan demand
Ramadan commenced this week, with expectations that demand would lift prices to supply the market. However, there was little cheer for factory suppliers, with prices in stalemate. File picture
Factory prices continued to disappoint suppliers this week, with quotes remaining ‘stuck’ at recent levels, dulling hopes of an early lift to supply Ramadan demand.
There was some encouragement from a livelier trade at mart sales on Monday, where stronger demand delivered improved prices.
